Prosperitas Financial LLC Buys 388,550 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Prosperitas Financial LLC grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 289.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 522,929 shares of the company’s stock after purchasing an additional 388,550 shares during the period. Schwab US Broad Market ETF makes up approximately 6.0% of Prosperitas Financial LLC’s portfolio, making the stock its 2nd biggest holding. Prosperitas Financial LLC owned about 0.11% of Schwab US Broad Market ETF worth $11,870,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Joseph Group Capital Management acquired a new position in shares of Schwab US Broad Market ETF in the third quarter valued at approximately $66,000. Maryland Capital Advisors Inc. increased its holdings in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock valued at $26,000 after purchasing an additional 774 shares during the period. Beacon Capital Management LLC grew its holdings in Schwab US Broad Market ETF by 200.2% during the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after acquiring an additional 811 shares during the period. Jackson Grant Investment Advisers Inc. grew its holdings in Schwab US Broad Market ETF by 201.0% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after acquiring an additional 834 shares during the period. Finally, Albion Financial Group UT grew its holdings in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock worth $29,000 after acquiring an additional 840 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $22.58 on Friday. The business’s fifty day moving average price is $23.19 and its 200 day moving average price is $22.64. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.77. The firm has a market capitalization of $32.29 billion, a PE ratio of 25.96 and a beta of 1.04.

Schwab US Broad Market ETF Company Profile

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available.